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Wealthy to dump billions into superannuation

Sally RoseFinancial services reporter
Updated

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Wealthy Australians who face a nine-month deadline to pump up their superannuation balances are expected to respond by dumping billions worth of cash and property into their retirement accounts.

The introduction of a new $100,000 annual limit on non-concessional super contributions, effective July 1 next year, is also likely to drive up leverage in the self-managed superannuation sector.

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    Original URL: https://www.afr.com/wealth/superannuation/wealthy-to-dump-billions-into-superannuation-20160916-gri0u9